WEEKLY MARKET ANALYSIS ON NIFTY 07 APRIL 2014

NEWS INSIGHT
 Weather risk partly behind sugar price rise: Shree
 Patel Engg, Kanakia to co-develop 16-acre Mumbai property
 Post-election showdown looms for Raghuram Rajan
 Debt burden hobbles Indian infra on road to recovery
 Relief for Natco: US rejects Teva's Copaxone patent reissue application
 Banking on Bangalore mkt, Sobha Dev expects strong

NIFTY ANALYSIS
 Positional Support for NIFTY 6580.
 Immediate resistance for NIFTY is 6780.
 Intraday Resistance of NIFTY are 6730: 6780
 Intraday Support of NIFTY are 6660: 6620
 Oscillator Analysis - The oscillator is showing BUY signal
 Short Term Oscillator Analysis- The signal is BUY signal.

NIFTY WEEKLY PIVOTS

INDEX                     S1           S2          PP          R1        R2
NIFTY                    6644        6596       6710       6758     6824
BANK NIFTY        12372      12181     12620      12811   13059